A lot has been made about the in-store shopping trends we are seeing in retail. What has largely been overlooked are the shipping trends shaping the retail landscape this year. Consumers continue to expect faster deliveries for free which is putting enormous stress on the last mile for retailers.
Fallout from the housing collapse a decade ago resulted in a surge in the renter population–outpacing homeownership for the first time in history. It also marked a return to cities where more walkability with access to public transportation offered a much more affordable lifestyle for a population struggling to maintain in the midst of the economic collapse.
Of all of the innovations sweeping through CRE this year, perhaps no sector is expecting to see a bigger wave of change than the hotel space. Like all other sectors of the CRE industry, technology is at the heart of these changes. In hospitality, innovation is geared toward creating futuristic Jetson-style customer service that anticipates guests’ needs and wants.
Augmented Reality and Artificial Intelligence (AR and AI) may still be far from standard in CRE, but it’s only a matter of time. High end firms have already been using these tech tools on a grand scale. Research by Goldman Sachs estimates that by 2025, virtual reality (VR) technology alone will generate over $2.5 billion in revenue. Change is happening now and could hit sooner than many of us believe, leaving some CRE pros behind and pushing others to the forefront.
10) The Loews Royal Pacific Resort — The GC is being held at this island-themed resort that sits inside the Universal Orlando® theme park. It overlooks a lagoon and is just steps away from Universal CityWalk® and the Wizarding World of Harry Potter!
It’s called m-commerce; it combines e-commerce with mobile. It is estimated that a huge majority of Americans own a Smartphone and spend about five hours a day on them. Last year, the number of people accessing the internet via mobile surpassed the number of people doing it from a desktop computer. That is exactly why selling online is shifting from an e-commerce model to an m-commerce model and already it’s revolutionizing the way businesses market to their customers.
Media Contact:Camelle WilliamsMarketing Director, Coldwell Banker Commercial BLAIR WESTMAC562.495.6070
Investing in real estate can be a way to earn passive income and increase your wealth. While plenty of investors have success in residential real estate, others make a move to commercial real estate to gain even more money.
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